Hedge Funds Dump Natural Gas Contracts

Filed in commodities, Gold, hedge-funds, natural-gas, New Gold, Spot Gold by on October 4, 2010 0 Comments

Filed under: Commodities Hedge funds have the money and leverage to place large bets in commodities. This year, in particular, hedge funds have stepped up their exposure to commodities. Gold is a good example. Hedge funds have moved aggressively on the buy side during this past year. More than ever, the movement of funds by hedge funds is controlling commodity prices. Hedge funds dumped 25% of their positions in natural gas in the week ending Sept. 28, as reported in BusinessWeek . The commodity exchanges publish a commitment of traders report, which tracks the number of long and short contracts. Net long positions fell by 17,373 to 51,306. Continue reading Hedge Funds Dump Natural Gas Contracts Hedge Funds Dump Natural Gas Contracts originally appeared on BloggingStocks on Mon, 04 Oct 2010 09:30:00 EST. Please see our terms for use of feeds . Read  |  Permalink  |  Email this  |  Comments

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Hedge Funds Dump Natural Gas Contracts

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